Financial Aid Process
Financial assistance is considered on an annual basis for families who demonstrate financial need, defined as the difference between a family's resources and the child's tuition expenses. Aid is limited by the funds available. Financial assistance must be reapplied for each year.
How do families apply for financial assistance?
In order to provide an objective and fair analysis, GMA works with School and Student Service for Financial Aid (SSS), a service of the National Association of Independent Schools that determines a family's ability to pay school costs. SSS provides the results of their analysis as a recommendation of a family's ability to contribute towards an independent school education.
All financial data is strictly confidential; only certain members of the Business Office and the GMA Tuition Assistance Committee have access to a family's information.
- Current families must complete a School and Student Services (SSS) application no later than January 17, 2019.
- Prospective families may complete a School and Student Services (SSS) application following a child's acceptance into GMA. SSS accepts applications beginning November 3rd using estimated data from the prior year's federal tax return or current tax year returns beginning in January. GMA responds to SSS applications in approximately two weeks. All financial assistance awards are conditional upon confirmation of current tax return data with SSS.
Parents must apply online with SSS (GMA's School Code is 905186).
The following financial supporting documents are also required:
- 2017 Form 1040 with all schedules
- 2018 and 2017 - Form W-2 for each parent/guardian
When will families be notified of the results of their SSS application?
Current families will be informed of any award granted by the Business Office and prospective families will be informed in approximately two weeks of the SSS form's completion (verification of current tax return required if application is filed prior to January 30).
How much assistance can families receive?
The amount of financial aid a family can receive depends on several factors, including a family’s demonstrated financial need, the availability of financial aid funds, and the number of financial aid applications.